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Tuesday, October 13, 2015

The Asbury Park Press, the daily newspaper that covers the New Jersey shore counties of Monmouth and Ocean, has launched a series of stories, proposed plans, a petition drive and a public forum all aimed at forcing state legislators to drive down property taxes.

The paper's editorial board writes:

At $8,161, New Jersey has the highest
average property tax in the nation. For more than 120 towns, $8,100 a year
would be a relief. Some towns have taxes that top $9,000, $10,000, even $15,000
a year.

Even with the 2 percent property tax cap in place, tens of
thousands of homeowners are seeing huge spikes in their taxes, from several
hundred to several thousand dollars in just one year. In fact, the 2 percent
cap is really a 2 percent tax hike that costs homeowners $500 million more a
year.

Where does the money go? Who profits from your hard-earned tax dollars? Why are
people and businesses leaving the state? And why can't this tax be put under
control?

Julie Dermansky reports for DESMOG : Despite hearing over four hours of public comments mostly in opposition, New Orleans City Counc...

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